The U.S. stock market today paints a vibrant picture of sectoral shifts, with technology stocks outperforming while energy stocks face significant declines. Investors have embraced rising tech giants, while concerns over the energy sector loom large. Navigating these dynamics is crucial for strategic portfolio adjustments. 📊 Sector Overview: Tech Triumphs, Energy Slumps Technology Sector: This sector remains buoyant, powered by significant gains in semiconductor stocks. Nvidia (NVDA) leads with a 2.16% increase, closely followed by Texas Instruments (TXN) at 2.25% and Advanced Micro Devices (AMD) at 3.13%. The surge reflects robust investor confidence and positive industry forecasts.

The U.S. stock market today paints a vibrant picture of sectoral shifts, with technology stocks outperforming while energy stocks face significant declines. Investors have embraced rising tech giants, while concerns over the energy sector loom large. Navigating these dynamics is crucial for strategic portfolio adjustments. 📊 Sector Overview: Tech Triumphs, Energy Slumps Technology Sector: This sector remains buoyant, powered by significant gains in semiconductor stocks. Nvidia (NVDA) leads with a 2.16% increase, closely followed by Texas Instruments (TXN) at 2.25% and Advanced Micro Devices (AMD) at 3.13%. The surge reflects robust investor confidence and positive industry forecasts.

“A slight upward turn reflects a modest improvement in housing affordability, primarily because mortgage rates descended to 6.5% in August. However, contract signings remain near cyclical lows even as home prices keep marching to new record highs.” The mortgage rates are now down near 6.10%. That is down from 7.8% at its peak in the 4Q of 2023.

“A slight upward turn reflects a modest improvement in housing affordability, primarily because mortgage rates descended to 6.5% in August. However, contract signings remain near cyclical lows even as home prices keep marching to new record highs.” The mortgage rates are now down near 6.10%. That is down from 7.8% at its peak in the 4Q of 2023.

Banking system is well-capitalized. A good deal of thought is going into how to shore up liquidity, access to Fed's discount window. US labor market, inflation suggests were on a path to a soft landing. There is a bit more slacking a labor market than previously Appears to be an expectation among Fed that rates will come down further Over time if we stay on that path rates will decline to neutral It will be necessary to get US deficits down in order to keep the interest costs manageable The last mile of inflation is housing.

Banking system is well-capitalized. A good deal of thought is going into how to shore up liquidity, access to Fed's discount window. US labor market, inflation suggests were on a path to a soft landing. There is a bit more slacking a labor market than previously Appears to be an expectation among Fed that rates will come down further Over time if we stay on that path rates will decline to neutral It will be necessary to get US deficits down in order to keep the interest costs manageable The last mile of inflation is housing.

Banking giant Citigroup Inc. and private-equity titan Apollo Global Management Inc. said Thursday that they’re forming a $25 billion program for making private loans to businesses. The two companies will focus initially on North America, with the potential to expand to additional geographies in the future.

Banking giant Citigroup Inc. and private-equity titan Apollo Global Management Inc. said Thursday that they’re forming a $25 billion program for making private loans to businesses. The two companies will focus initially on North America, with the potential to expand to additional geographies in the future.

There are more millionaire college athletes than ever before. Last October, there were just 10 NCAA athletes who had NIL earnings of at least $1 million, according to On3’s NIL deal tracker. That number grew to 24 during last season’s March Madness basketball tournament, and now sits at 34 athletes.

There are more millionaire college athletes than ever before. Last October, there were just 10 NCAA athletes who had NIL earnings of at least $1 million, according to On3’s NIL deal tracker. That number grew to 24 during last season’s March Madness basketball tournament, and now sits at 34 athletes.

China's top leaders surprised markets by pledging even more support for the economy, sparking hopes that policymakers are readying the sort of fiscal stimulus analysts say is key to the country's recovery. The Politburo, China's highest decision-making body, on Thursday said it will extend additional fiscal and monetary measures to boost the economy, according to state media Xinhua. That comes days after the central bank unveiled a raft of aggressive easing moves, underscoring a rising sense of urgency among policymakers to revive the world's second-largest economy. Senior leadership at the Thursday meeting, including President Xi Jinping, vowed to reach the country's annual economic goals, urging officials to implement existing policies more effectively and roll out new ones.

China's top leaders surprised markets by pledging even more support for the economy, sparking hopes that policymakers are readying the sort of fiscal stimulus analysts say is key to the country's recovery. The Politburo, China's highest decision-making body, on Thursday said it will extend additional fiscal and monetary measures to boost the economy, according to state media Xinhua. That comes days after the central bank unveiled a raft of aggressive easing moves, underscoring a rising sense of urgency among policymakers to revive the world's second-largest economy. Senior leadership at the Thursday meeting, including President Xi Jinping, vowed to reach the country's annual economic goals, urging officials to implement existing policies more effectively and roll out new ones.

U.S. government bond prices were little changed early Thursday, with the benchmark 10-year Treasury yield hovering near its highest level since early September as investors awaited a slew of economic data in the next few sessions alongside commentary from Federal Reserve officials.

U.S. government bond prices were little changed early Thursday, with the benchmark 10-year Treasury yield hovering near its highest level since early September as investors awaited a slew of economic data in the next few sessions alongside commentary from Federal Reserve officials.

Retired boxer Floyd Mayweather Jr. is ready to part ways with his grand six-bedroom, 9.5-bath bath estate in Beverly Hills, Calif., and he’s aiming to secure a hefty profit when he sells it of. The more-than-15,000-square-foot mansion on a half-acre lot comes with an astonishing $48 million price tag.

Retired boxer Floyd Mayweather Jr. is ready to part ways with his grand six-bedroom, 9.5-bath bath estate in Beverly Hills, Calif., and he’s aiming to secure a hefty profit when he sells it of. The more-than-15,000-square-foot mansion on a half-acre lot comes with an astonishing $48 million price tag.

Micron Technology MU 1.88% stock jumped in premarket trading Thursday after the memory-chip company reported strong earnings and provided guidance above Wall Street expectations. For the quarter ended Aug. 29, Micron reported revenue of $7.75 billion—up 93% from the prior year—and adjusted earnings of $1.18 a share. Wall Street was expecting revenue of $7.65 billion with adjusted EPS of $1.11. Micron MU 1.88% ’s outlook was even better. It guided the current quarter to a range with $8.7 billion in sales at the midpoint, versus the $8.3 billion that analysts estimate.

Micron Technology MU 1.88% stock jumped in premarket trading Thursday after the memory-chip company reported strong earnings and provided guidance above Wall Street expectations. For the quarter ended Aug. 29, Micron reported revenue of $7.75 billion—up 93% from the prior year—and adjusted earnings of $1.18 a share. Wall Street was expecting revenue of $7.65 billion with adjusted EPS of $1.11. Micron MU 1.88% ’s outlook was even better. It guided the current quarter to a range with $8.7 billion in sales at the midpoint, versus the $8.3 billion that analysts estimate.

Micron Technology MU 1.88% stock jumped in premarket trading Thursday after the memory-chip company reported strong earnings and provided guidance above Wall Street expectations. For the quarter ended Aug. 29, Micron reported revenue of $7.75 billion—up 93% from the prior year—and adjusted earnings of $1.18 a share. Wall Street was expecting revenue of $7.65 billion with adjusted EPS of $1.11. Micron MU 1.88% ’s outlook was even better. It guided the current quarter to a range with $8.7 billion in sales at the midpoint, versus the $8.3 billion that analysts estimate.

Micron Technology MU 1.88% stock jumped in premarket trading Thursday after the memory-chip company reported strong earnings and provided guidance above Wall Street expectations. For the quarter ended Aug. 29, Micron reported revenue of $7.75 billion—up 93% from the prior year—and adjusted earnings of $1.18 a share. Wall Street was expecting revenue of $7.65 billion with adjusted EPS of $1.11. Micron MU 1.88% ’s outlook was even better. It guided the current quarter to a range with $8.7 billion in sales at the midpoint, versus the $8.3 billion that analysts estimate.

Shares of Mutares tumbled Thursday after the publication of a short-selling report on the German private-equity investor that seeks to turn around medium-sized companies. Mutares shares MUX -24.56% dived 23% after Gotham City Research alleged accounting irregularities and said the company appears increasingly reliant on debt.

Shares of Mutares tumbled Thursday after the publication of a short-selling report on the German private-equity investor that seeks to turn around medium-sized companies. Mutares shares MUX -24.56% dived 23% after Gotham City Research alleged accounting irregularities and said the company appears increasingly reliant on debt.

Shares of Commerzbank, the German bank being pursued by Italy’s UniCredit, soared on Thursday after it forecasted improving profits and shareholder returns. Commerzbank expects its net profit to rise significantly to over €3 billion in 2027 and aims for payout ratios of more than 90% for the years 2025 to 2027. It’s aiming to increase its return on tangible equity to more than 12% by 2027.

Shares of Commerzbank, the German bank being pursued by Italy’s UniCredit, soared on Thursday after it forecasted improving profits and shareholder returns. Commerzbank expects its net profit to rise significantly to over €3 billion in 2027 and aims for payout ratios of more than 90% for the years 2025 to 2027. It’s aiming to increase its return on tangible equity to more than 12% by 2027.

Nvidia stock rose early Thursday as positive sentiment around artificial intelligence demand continued to drive chip stocks. Nvidia NVDA 2.18% shares were up 2.2% at $126.21 premarket trading. It rose more than 2% on Wednesday after upbeat projections about the need for AI hardware, lifting its market value past the $3 trillion threshold once again. Adding to the positive outlook for the broader semiconductor sector, memory-chip maker Micron Technology MU 1.88% reported quarterly earnings and strong guidance after market close Wednesday, citing “robust AI demand.”

Nvidia stock rose early Thursday as positive sentiment around artificial intelligence demand continued to drive chip stocks. Nvidia NVDA 2.18% shares were up 2.2% at $126.21 premarket trading. It rose more than 2% on Wednesday after upbeat projections about the need for AI hardware, lifting its market value past the $3 trillion threshold once again. Adding to the positive outlook for the broader semiconductor sector, memory-chip maker Micron Technology MU 1.88% reported quarterly earnings and strong guidance after market close Wednesday, citing “robust AI demand.”

The S&P 500 is flirting with what would be a rare accomplishment: rising 20% or more during two consecutive calendar years. At least, that was the case as of Tuesday’s close, when the U.S. benchmark saw its year-to-date advance top 20% for the first time since the start of 2024, according to Dow Jones Market Data. The achievement happened to coincide with the index’s 41st record close of the year.

The S&P 500 is flirting with what would be a rare accomplishment: rising 20% or more during two consecutive calendar years. At least, that was the case as of Tuesday’s close, when the U.S. benchmark saw its year-to-date advance top 20% for the first time since the start of 2024, according to Dow Jones Market Data. The achievement happened to coincide with the index’s 41st record close of the year.

Worried about Nvidia Corp.’s ability to sustain growth over the next few years? Perhaps there’s a new reason investors shouldn’t panic. Mizuho desk-based analyst Jordan Klein is intrigued by a recent Bain Technology report, which projected that the market for artificial-intelligence hardware and software could grow to as much as $990 billion by 2027 from about $185 billion now.

Worried about Nvidia Corp.’s ability to sustain growth over the next few years? Perhaps there’s a new reason investors shouldn’t panic. Mizuho desk-based analyst Jordan Klein is intrigued by a recent Bain Technology report, which projected that the market for artificial-intelligence hardware and software could grow to as much as $990 billion by 2027 from about $185 billion now.

Raising Social Security’s full retirement age by two years to age 69 would decrease individuals’ lifetime benefits and overall spending by the program, but would not stave off Social Security’s expected insolvency in 2034. Gradually raising the full retirement age to 69 years old, up from the current rule of 67 for those born in 1960 or later, would mean that individuals would get less money over their lifetime, the Congressional Budget Office said in a response to queries by Democratic Rep. Brendan Boyle released Wednesday.

Raising Social Security’s full retirement age by two years to age 69 would decrease individuals’ lifetime benefits and overall spending by the program, but would not stave off Social Security’s expected insolvency in 2034. Gradually raising the full retirement age to 69 years old, up from the current rule of 67 for those born in 1960 or later, would mean that individuals would get less money over their lifetime, the Congressional Budget Office said in a response to queries by Democratic Rep. Brendan Boyle released Wednesday.

Mira Murati’s departure from OpenAI could not have come at a worse time. The artificial-intelligence company is reportedly restructuring itself in the throes of seeking another financing round, in a move to make itself more attractive to investors, according multiple reports late Wednesday, including the Wall Street Journal.

Mira Murati’s departure from OpenAI could not have come at a worse time. The artificial-intelligence company is reportedly restructuring itself in the throes of seeking another financing round, in a move to make itself more attractive to investors, according multiple reports late Wednesday, including the Wall Street Journal.

Elon Musk won’t be invited to the annual U.K. investment summit that he played a starring role in last year over comments he made about riots over the summer, according to a published report. The BBC reported that Musk won’t be invited to an October gathering of top investors over comments he made on his X social media service where he predicted a “civil war” and shared a post, now deleted, over a false allegation the U.K. would build a detainment camp for rioters on the Falkland Islands.

Elon Musk won’t be invited to the annual U.K. investment summit that he played a starring role in last year over comments he made about riots over the summer, according to a published report. The BBC reported that Musk won’t be invited to an October gathering of top investors over comments he made on his X social media service where he predicted a “civil war” and shared a post, now deleted, over a false allegation the U.K. would build a detainment camp for rioters on the Falkland Islands.

Hong Kong’s equity market hit a one-year high and led a surge in global stocks early Thursday, as the China-stimulus rally received further propulsion from a report Beijing was considering a $142 billion capital injection into the country’s big banks. The Hang Seng Index HSI 4.16% in Hong Kong jumped 4.2%, taking its gains to 9.2% over just the last three days after the Peoples’ Bank of China on Tuesday revealed a swathe of stimulus measures designed to aid the beleaguered housing sector, support the stock market and help the economy hit Beijing’s economic growth target of 5%.

Hong Kong’s equity market hit a one-year high and led a surge in global stocks early Thursday, as the China-stimulus rally received further propulsion from a report Beijing was considering a $142 billion capital injection into the country’s big banks. The Hang Seng Index HSI 4.16% in Hong Kong jumped 4.2%, taking its gains to 9.2% over just the last three days after the Peoples’ Bank of China on Tuesday revealed a swathe of stimulus measures designed to aid the beleaguered housing sector, support the stock market and help the economy hit Beijing’s economic growth target of 5%.

Getting started with retirement investing has gotten cheaper and easier than ever. But half of America’s middle class is still only guessing about how much money they’ll need for retirement, and the vast majority don’t understand their finances. According to a recent study called “The Retirement Outlook of the American Middle Class” conducted by the Transamerica Center for Retirement Studies and the nonprofit Transamerica Institute, only 21% of people surveyed said they have “a lot” of knowledge about topics such as managing money, investments, debt, risk and taxes, and just one in three people in the middle-class segment have a professional financial adviser, the study found.

Getting started with retirement investing has gotten cheaper and easier than ever. But half of America’s middle class is still only guessing about how much money they’ll need for retirement, and the vast majority don’t understand their finances. According to a recent study called “The Retirement Outlook of the American Middle Class” conducted by the Transamerica Center for Retirement Studies and the nonprofit Transamerica Institute, only 21% of people surveyed said they have “a lot” of knowledge about topics such as managing money, investments, debt, risk and taxes, and just one in three people in the middle-class segment have a professional financial adviser, the study found.